Please see below an article from Brewin Dolphin received late yesterday evening, which details their overview on the Chancellor, Rishi Sunak’s budget, which was unveiled in Parliament yesterday:
As you can see from the above, the Chancellor has announced significant measures to help businesses get back on their feet and innovate and help the economy recover. It looks like businesses will bare the initial brunt of raising additional revenue for the Treasury and the freeze of the allowances and thresholds until 2026 after April’s increases will also generate some additional revenue.
Tax consultations are commencing shortly – we await the outcome of these.
Please continue to check our Blog content for advice and planning issues and the latest investment, markets and economic updates from leading investment houses.
Please keep safe and healthy.
Carl Mitchell – Dip PFS
IFA and Paraplanner
04/03/2021